It was just last July that the business prospect of the Chinese owned short video sharing app TikTok looked bleak in the United States under threat from the former president Donald Trump who accused the app of being a front for the Chinese government.   Advertisements on the app were stopped...

With increased demand for iron ore from China in recent months, the top metal user of the world, to support the country’s push in infrastructure development, there was a surge in the price of the raw material which helped Australia’s mining giant BHP Group to report its best profit for its first...

The bold and new ‘reimagine’ strategy of Jaguar that is designed to revive the fortunes of Jaguar Land Rover (JLR) will see the company becoming an electric-only brand starting in 2025.   This target for the British company that is currently owned by India’s Tata Motors group was set under...

With the regulators of the European Union are considering framing and implementation of new rules and regulations for protecting the workers engaged in the gig economy, the ride hailing company Uber has urged the EU regulators to consider and recognise the value that is added to the economy in the...

After there were reports recently claiming that the United States based iPhone maker Apple Inc had approached the Japanese auto company Nissan Motor Co Ltd to negotiate on a deal for a partnership on its autonomous car project, the Japanese auto maker said on Monday that it is not in any form of...

A collection of about a thousand satellites that are circulating about 340 miles above the Earth has been created by SpaceX, which according to the company’s CEO Elon Musk, has landed the company in a "deep chasm" of expenses as it continues to build the constellation of satellites.   The...

A 76 per cent surge in the value of its stocks on debut of the dating app Bumble in new York saw the valuation of the company soar to $14bn.   The shares of the company opened on Nasdaq at $76 which was much higher than the offer price of the stocks at $43 in the initial public offering....

Claims of some experts and analysts that bitcoin can turn out to be a mainstream form of payment has not convinced Adyen - the European fintech firm that processes payments for large companies such as Facebook, Netflix and Uber.   Bitcoin and other crypto currencies are low on attractiveness...

Ride hailing company Uber Technologies Inc reported a small loss with the pandemic hit to its ride-hail and delivery businesses ebbed away from lows, the company said on Wednesday.   The company also said that it was in line to achieve an adjusted profit by the end of the current year....

According to the social media platform Twitter’s chief financial officer, Ned Segal, the aspect of holding bitcoin on its balance sheet has been given a thought by the social media company but has not brought in any changes as yet.   The consideration of the paying vendors or employees using...

Shareholders of the biggest food retailer Britain – Tesco, will put pressure on the company to set targets for increasing the proportion of healthy products that it sells when they vote on a resolution to this effect at this annual meeting of the retailer later this year.   According to a...